As global leaders prepare to gather in New York on September 25 to adopt the new Sustainable Development Goals, Carl Bildt, chair of the Global Commission on Internet Governance and former Swedish prime minister, discusses the revolutionary but overlooked role that information technology and mobile connectivity can have on the eradication of poverty globally, in an op-ed for Project Syndicate. “The Sustainable Development Goals are noble and certainly ambitious,” says Bildt. “And yet, in a time of profound scientific and technological change, they remain remarkably conventional.”
September 1, 2015
CIGI Worldwide

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Bildt challenges leaders to address role of Internet in global development

As global leaders prepare to gather in New York on September 25 to adopt the new Sustainable Development Goals, Carl Bildt, chair of the Global Commission on Internet Governance and former Swedish prime minister, discusses the revolutionary but overlooked role that information technology and mobile connectivity can have on the eradication of poverty globally, in an op-ed for Project Syndicate. “The Sustainable Development Goals are noble and certainly ambitious,” says Bildt. “And yet, in a time of profound scientific and technological change, they remain remarkably conventional.”

Highlights

 

China’s currency policy: control and balance

This past month, China marked a turbulent period in its economic history with the sharp decline of its currency (the renminbi or yuan), its biggest one-day change in 20 years, which sent sharp ripples throughout world economies. CIGI Visiting scholar Alex He lays out the Chinese economic situation, what led to the fall of the yuan and what is in store for one of the world’s largest and most influential economies.

Expert says turmoil in China a symptom of outdated monetary policies

China’s market plunge has been a long time coming, says Pierre Siklos, senior fellow with CIGI’s Global Economy Program. In his op-ed featured in Canadian newspaper The Globe and Mail, Pierre argues that policy changes, including the devaluation of the yuan, a reduction in interest rates, a relaxation of reserve requirements and support of the stock market have all lent themselves to the downturn of the Chinese economy.

'The export-driven model of economic growth is dead,' says Kevin Carmichael

A new blog from Senior Fellow Kevin Carmichael addresses comments from the Governor of the Reserve Bank of India, predicting the end of export-led growth in the foreseeable future. Governor Raghuram Rajan says India’s leaders need to generate domestic demand. Kevin unpacks international export trends in a weak world economy.

CIGI grows climate change team with three new experts

CIGI proudly announces the appointment of Wil Burns, Céline Bak and Sarah Burch as senior fellows. Wil Burns, expert in climate geoengineering, international climate change litigation and adaptation strategies to address climate change, is researching climate change through the lens of international law. Céline Bak and Sarah Burch will investigate the area of financing sustainable development, with Bak exploring economic reporting of environmental goods for G20 economies, and Burch focusing on multi-level governance of climate change and sustainability challenges.

Feature Publications

 

Landmark EU and US Net Neutrality Decisions: How Might Pending Decisions Impact Internet Fragmentation?

GCIG Paper No. 18 by Ben Scott, Stefan Heumann (@St_Heumann) and Jan-Peter Kleinhans (@JPKleinhans)
During the past decade, net neutrality has become a central issue in the debate over further development of the Internet. At a time when the United States has just adopted a landmark regulation on net neutrality and the European Union is in the final stages of defining its own position on the issue, this paper looks ahead and analyzes the implications of these decisions with a particular focus on their impact on Internet fragmentation.

The Impact of BITs and DTTs on FDI Inflow and Outflow: Evidence from China

CIGI Paper No. 75 by Heijing Chen, Chunding Li and John Whalley
This paper examines the impact of both China’s bilateral investment treaties (BITs) and double tax treaties (DTTs) simultaneously on China’s bilateral foreign direct investment (FDI) inflows and outflows. Using China’s bilateral FDI flow data from 1985 to 2010, the authors find that the cumulative number of BITs China signed has a positive (although not always statistically significant), but minor, impact on both China’s FDI inflows and outflows.
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